Why Are Tax Refunds Lower In 2024. The irs operates a phone line for refund data, although it says it's aimed at people who don't have internet access. Getty images) by katelyn washington.
The standard deduction and tax brackets were set. Unsurprisingly, many 2023 return filers are seeing smaller refunds than the average of $1,963 from the previous year.
January 29, 2024 / 11:49 Am Est / Cbs News.
The irs has received some 44 million returns so far for tax year 2023, and is issuing an average refund of.
While A $3,000 Check In April Is.
With the government reporting lower cpi numbers lately, the composite rate of i bonds at 4.28% is less attractive than when investors purchased them at an annual rate.
There Are Several Reasons Your Tax Refund Could Look Different In 2023 Based On Your 2022 Tax Filing, And The Internal Revenue Service (Irs.gov) Laid Out A Few Of.
Images References :
Getty Images) By Katelyn Washington.
The irs has issued more than 2.6 million refunds worth roughly $3.65 billion, the agency announced on friday.
This Year's Tax Filing Window Is Narrower, As It Opened A Week Later And Will Close Nine Days Sooner Than In 2023.
The income tax rate is expected to drop.
As For The Reasons For The Lower Amounts, Daniel Rahill, A Certified Public Accountant In Chicago, Told Usa Today That It.